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Level 3
posted Jun 3, 2019 1:46:47 PM

Where to find the total depreciation taken on a home in the prior year return?

In reporting a sale of home, I need to find the depreciation taken on the home in the prior returns. In my 2017 return, Depreciation and Amortization Report, I see a line for "residential". There are two columns "Prior Depreciation" and "Current Depreciation". Should I add the two numbers to obtain the total depreciation taken so far?

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1 Replies
New Member
Jun 3, 2019 1:46:48 PM

Yes, although you need to make sure the  current year is only depreciation through the sale date, meaning you need to have already entered the sale information through the rental interview, or, if a home office, you need to have edited this asset from the asset summary in the home office and entered the sale date there.